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Friendly Ice Cream Corp. Files for Bankruptcy
WILBRAHAM, Mass. (WGGB) -- The rumors of recent days have proven true: Friendly Ice Cream Corp. filed for Chapter 11 reorganization early Wednesday morning, taking with it 63 of the chain's 487 restaurant locations, which closed
Updated: 10/05/2011 04:38P
AMR Corp (NYSE: AMR) Presents a Number of Risk/Reward Scenarios for Investors
The last time AMR Corp (NYSE: AMR) faced such serious concerns over their future they managed to stave off bankruptcy predictions and boost their share price from a meager 1.25 to a staggering $40 within four years. As shares tumbled to an eight-year
Updated: 10/05/2011 04:37P
Creditors and HMHA Still Negotiating; Nurses Union Files Objection
No deal was reached yet in the crucial sale of the Hoboken University Medical Center, but a new bankruptcy settlement was on the table and the nurses' union has filed objections as of Wednesday afternoon. A creditors committee has been
Updated: 10/05/2011 04:35P
Bujak debts won't be absolved by bankruptcy case; creditors can pursue collection
Former Canyon County Prosecutor John Bujak's efforts to get out from under crippling debt through Chapter 7 bankruptcy are officially over. The bankruptcy case for Bujak and his estranged wife, Pepper,
Updated: 10/05/2011 04:29P
Friendly's Ice Cream files for protection
WILBRAHAM, Mass., Oct 5, 2011 (UPI via COMTEX) -- New England ice cream emporium and family restaurant chain Friendly's said it has filed for bankruptcy protection and would close 63 stores. With nearly 500 restaurants on its roster, Friendly's Ice
Updated: 10/05/2011 04:28P
Columbus Day closings in Southern Indiana
Courts: US Bankruptcy and District courts closed Monday. Floyd Circuit, County and Superior Courts open. Schools: New Albany-Floyd County Schools and Indiana University Southeast open. Library: New Albany-Floyd County Library closed Monday.
Updated: 10/05/2011 04:25P
CESI Debt Solutions Now Provides Bankruptcy Counseling Services
The Raleigh, NC-based CESI Debt Solutions will provide pre-bankruptcy counseling to individuals in 31 states. Counseling will be provided in-person, as well as via phone and the Internet. CESI Debt Solutions' name is now listed on the esteemed list of
Updated: 10/05/2011 04:24P
Friendly's Bankruptcy Likely to Dot Northeast with Awkward Reconversions
When Friendly's began closing restaurants Tuesday in anticipation of a Chapter 11 bankruptcy proceeding, it seems to have left a lot of things behind. Nostalgic patrons of the restaurant,
Updated: 10/05/2011 04:24P
Personal Bankruptcy Filings Fall, But That's Nothing to Cheer About
"In this case, the decline implies that more people declared bankruptcy sooner and thus have struggled with the consequences longer. This is not a good thing." The 2005 Bankruptcy Act, made it more difficult for individuals to file personal bankruptcy
Updated: 10/05/2011 04:22P
Friendly's closes Sarasota and Bradenton restaurants
The parent company of the Friendly's restaurant chain is filing for Chapter 11 bankruptcy protection and says it has already closed 63 of its stores, including ones in Bradenton and Sarasota. (AP Photo / Pat Wellenbach) ASSOCIATED PRESS NEW YORK - The
Updated: 10/05/2011 04:21P